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dont solve unless youll do both questions. Question 8 1 pts The current balance in Unearned Revenue is $14,000. The accountant estimates that the correct

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Question 8 1 pts The current balance in Unearned Revenue is $14,000. The accountant estimates that the correct balance in that account should be $5,000 as of December 31, because all other amounts in Unearned Revenue were earned during December The appropriate adjusting entry as of December 31, 2021 is: No Entry Required or None of these Sales Revenue Unearned Revenue 14,000 14,000 9,000 Unearned Revenue Sales Revenue 9,000 Sales Revenue Unearned Revenue 9,000 9,000 Uneamed Revenue Sales Revenue 5,000 5,000 D Question 9 1 pts XYZ originated a Note Payable of $100,000 on September 1, 2021. The Note, which pays 6% interest, requires semiannual interest payments on September 1 and March 1 of each year. The appropriate adjusting entry as of December 31, 2021 is: Interest Expense 3,000 Notes Payable 3,000 Interest Payable 6,000 Notes Payable 6,000 Interest Expense 3,000 Interest Payable 3,000 No Entry Required or None of these Interest Expense 2,000 Interest Payable 2,000 D Question 10 1 pts

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